As a young entrepreneur in Africa whose innovative ideas have solved lots of societal problems, you can seldomly face funding problems. This is usually normal with a lot of startups. However, you could actually get the Anzisha Prize for African Entrepreneurs.
So, this article will not just inform you about Anzisha’s prize for African Entrepreneurs, it will also put you through the process of applying rightly and in fact, how to become a beneficiary of this award.
The critical problems that are prevalent in society require creative ways to solve them. Most of these problems are racism, gender inequality, environmental decay, poverty, etc.
To this effect, the Anzisha Prize for young African entrepreneurs in 2022 arises to procure creative ways to solve critical issues in response to social innovation.
This Anzisha Prize is the biggest award in Africa and is given to very young and promising entrepreneurs within Africa. In fact, these young entrepreneurs get over $100,000 every year in funding from entrepreneurs from all over the continent.
About the Anzisha Prize for Young African Entrepreneurs
The Anzisha Program is a partnership between the African Leadership Academy and Mastercard Foundation whose aim is to increase the number of job entrepreneurs in Africa.
Actually, the aim of the Anzisha Prize is to award young entrepreneurs who have created and implemented innovative solutions to social problems.
It is also for young entrepreneurs that own successful businesses within their communities.
In addition, the program will test, implement, and share new models that will identify and connect these entrepreneurs.
This will help many more organizations have better collective success in creating a pipeline of entrepreneurs with the capabilities for scale.
Also, 20 finalists from across Africa will win an all-expenses-paid trip to South Africa for a two-week entrepreneurship workshop and conference at the African Leadership Academy campus on the outskirts of Johannesburg.
Winners will emerge from the finalists and they will share prizes worth $100,000 USD.
Afterward, the fellowship will offer them business consulting services to unlock growth potential in their venture.
It will also link them to a global network of leaders. This will give the winners access to global speaking opportunities thereby supporting their professional development.
What are the Benefits of the Anzisha Prize for the Young African Entrepreneurs?
The winners of the Anzisha Prize for young African entrepreneurs will get: